RAILWAYS OF 628 KM TO BE CONSTRUCTED

Ulaanbaatar, Mongolia /MONTSAME/ At its meeting held on Wednesday, the cabinet made a decision to register the construction work of base structure of the railway in route of Erdnet-Moron-Ovoot in the list of works to be done by concession after getting acquainted with a course of works of the railway's base structure. Related officials have been ordered to work out a proposal on doing the construction work under a concession contract and to submit it to the cabinet. It has been calculated that money of USD 2.2 billion is required for the construction work, and the railway will be constructed through territories of Khovsgol aimag's Tsetserleg, Moron, Tsagaan-Uul, Burentogtokh, Khatgal, Tosontsengel, Tomorbulag, Rashaant, Ikh-Uul, Tarialan soum; Bulgan aimag's Khutag-Ondor and Bugat soums; and Orkhon aimag's Bayan-Ondor soum. It is projected that the new railway will capacity of transporting 13.5 million tons freight between Ovoot and Moron, and 22.2 million tons freight between Moron and Erdenet a year. The cabinet also got acquainted with the valuation of a tender of granting concession for the "#5 Thermal power station" project, and then ordered the State Property Committee to launch talks with the selected enterprisers on reducing tariffs and the cost of the project and to toughen criteria for equipment and facilities. Apart of the matters, the cabinet obliged D.Zorigt, the Minister of Mineral Resources and Energy to render support to those entities implementing projects on liquefying coal to tackle urgent problems faced to them. B.Khuder